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Home arrow HIGH LIFE arrow The most expensive cities of the world
The most expensive cities of the world PDF Print E-mail
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Saturday, 05 September 2009
 Moscow is the most expensive place for visitors to live in the world. In second place ranking in Tokyo was ranked as the third place was taken by City of London - these are the results of a global study of the cost of living British company Mercer. Brits compare prices of over 200 products and services in 143 cities around the world, taking the price per unit in force in New York. The top ten is dominated by cities in Europe and Asia. Paraguayan Asuncion has maintained the title of the cheapest cities for visitors. Holds him again for 6 years. Weakening dollar made the cost of living in American cities have become relatively low for people who come here from Europe or Asia. In turn, U.S. citizens sent by their companies abroad need to regulate more and higher bills. - Moscow's position is strengthened because of the growth rate of the ruble against the dollar and increasing costs of accommodation - says Yvonne Traber, head of research conducted by Mercer. - While traditionally contained in our statement of the city in Western Europe still appear high, it quietly climb up the city from Eastern Europe, Brazil and India - he adds. Moscow occupies first place for three years. A cup of coffee in a Moscow cafe costs 10.40 dollar (6.60 euros). By contrast, North America is today a place where lives are cheap. The only city located in the fifties is the first New York City (22nd place, and a decrease of seven positions compared to last year). - The upside of this situation is that the low cost of living for foreigners can attract globally mobile heads of major companies to move to business centers such as New York, Chicago and Los Angeles - says Traber. The Middle East is the most expensive Tel Aviv (14th place). Dubai and Abu Dhabi had dropped to 52 and 65 position. Mainly due to the link exchange their currency to the U.S. dollar. In Africa, it is cheap, except for Lagos, which is located on 30 place.
Last Updated ( Wednesday, 16 September 2009 )
 
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